Today's Entrepreneur

Today's entrepreneur: David Saad

No. 1 mistake: Believing in their reality and being in denial....

Entrepreneurs often live unstable lives. But as they courageously take risks, they'll make several mistakes which become valuable lessons for the rest of us.

They have their ups and downs. But at the end of the day, these creative daredevils are the ones who are changing the world.

Within our community you will find a number of talented entrepreneurs.

We've just created new profiles for our Vator members to share their story. So if you are a first-time, serial, or even an aspiring entrepreneur, we'd like to hear from you.

Today's entrepreneur is David Saad, CEO and founder of Braintec, In-D-Pocket, Calibra, Clupedia, and Luristic. According to his VEQ (Vator entrepreneur assessment test), David is good at team motivationial skills, negotiating, and he is a thought leader.

I Am: An Entrepreneur and Angel Investor

Name companies you've founded or co-founded:

Braintec, In-D-Pocket, Calibra, Clupedia, Luristic

Name companies you've invested in:

Braintec, In-D-Pocket, Calibra, Clupedia, Luristic

Name startups you worked for:

Braintec, In-D-Pocket, Calibra, Clupedia, Luristic

If you are an entrepreneur, why?

Don't like to have a job to live, but like to live for my job. Enjoy the process of inventing/innovating and beating all odds.

List your favorite startups:

Other than mine, I like Groupon, Flipboard, SecondMarket, and Qwiki

What's most frustrating and rewarding about entrepreneurship/innovation?

Solving the chicken-n-egg problem - frustrating when you can't solve it and very rewarding when you do.

What's the No. 1 mistake entrepreneurs make?

Believing in their reality and being in denial instead of being brutally honest about the real reality and take the necessary steps to correct things.

What are the top three lessons you've learned as an entrepreneur?

1. Execution is everything - you're as good/bad as your team.

2. Always listen but often ignore by following your intuition.

3. Size and control matter - what's even better than owning a small percentage of a big pie, is owning a big percentage of a big pie.